Royal Nickel Finds New High-grade Nickel-Copper-PGM Mineralization

Royal Nickel Corp. (TSX:RNX) announced that during 2015 exploration at its 68-percent-owned Raglan nickel sulfide project, it discovered new high-grade nickel-copper-PGM mineralization in multiple areas.
As quoted in the press release:

Prospecting along 29 km of strike length of the North (Raglan) trend has resulted in 3 new high grade mineralization discoveries at surface. Highlight results from individual grab samples from these discoveries include:

• CDC Zone, 2.86% Ni, 1.40% Cu, 4.80g/t Pd and 1.17g/t Pt
• Boomerang Zone, 1.35% Ni, 0.35% Cu, 1.61 g/t Pd, and 0.70g/t Pt
• Beverly Zone, 1.11% Ni, 0.40% Cu, 1.31 g/t Pd and 0.46 g/t Pt

In addition to these discoveries, a surface extension of high grade mineralization previously identified at the Red Zone was defined by grab samples with grades up to 1.79% Ni, 1.85% Cu, 2.21 g/t Pd and 0.49g/t Pt.

Mark Selby, president and CEO of Royal Nickel, said:

We are very encouraged by the discovery of new high grade mineralization at surface during the brief 2015 exploration program at West Raglan. The prospecting program provided new evidence of the untapped potential for additional high grade Ni-Cu-PGE mineralization along the extensive strike lengths at West Raglan, which lies in the Cape Smith Belt, home to existing high grade nickel sulphide mines.

Click here to read the full Royal Nickel Corp. (TSX:RNX) press release.